RaviRavi Staff asked 7 months ago

62. 15-year-old streamlined audit assignment. Is this
approach correct?
a) Yes, policy of the firm to appoint senior
manager is correct.
b) No, engagement partner should be
appointed.
c) Yes, policy of the firm to appoint senior
manager is correct as he has proper
experience to handle such assignment
d) No, even though the senior manager is an
experienced, engagement partner should be
there.
Answer:- d) No, even though the senior manager is an
experienced, engagement partner should be there.

1 Answers
RaviRavi Staff answered 7 months ago

MCQ revised for better understanding:-
Senior manager of the firm is a whole and sole incharge of 15 year old streamlined audit assingment .Is this approach correct?
a) Yes ,policy of the firm to appoint senior manager is correct.
b) No , engagement partner should be appointed.
c) Yes ,policy of the firm to appoint senior manager is correct as he has proper experience to handle such assingmnet
d).No , even though the senior manager is an experienced , engagement partner should be there
Answer:-  d).No , even though the senior manager is an experienced , engagement partner should be there